[ad_1]
The downstream energy sector saw limited major losses in 2024, encouraging insurers to reduce rates. However, potential losses in the first quarter of 2025 have already reached $1.5 billion, exceeding the prior year’s total, introducing potential volatility.
[ad_2]
Source link
[ad_1] Consistent messaging and employee involvement drive long-term improvement [ad_2] Source link
[ad_1] With the rising costs of lawsuits, medical expenses, and settlements, your standard commercial liability coverage limits may fall short if you need it. That’s where commercial umbrella insurance plays a critical role, providing added protection when you need it most. Read the article below as Thomas McMillan, commercial underwriting specialist at Central Insurance, delves…
[ad_1] “We envision a future, not a distant one, where many of our colleagues are AIs. Imagine an actuary who can join a Zoom call anytime, 24/7, with access to all of Lemonade’s historical and real-time data,” he told the audience of insurtech and insurance leaders in London. [ad_2] Source link
[ad_1] Jump to winners | Jump to methodology Speed demons Brokerages have two principal avenues for growth, but it is organic expansion that commands the industry’s focus. This, according to Sean O’Neill, head of the global insurance practice at Bain & Company, is the sector’s “holy grail” – a mark of sustainable success that firms are…
[ad_1] Insurance Business America is now accepting entries for 5-Star Program Administrators & Carriers 2025 [ad_2] Source link
[ad_1] Additionally, Gallagher expanded its presence in the Southeast by acquiring Sheila J. Butler & Co., a Georgia-based employee benefits firm. The firm, with over 25 years of experience, continues to operate from its Carrollton, Georgia location under Gallagher’s Southeast region employee benefits consulting operations. [ad_2] Source link
